US court drops graft case against Gautam Adani

A US federal judge dismissed a nearly two-year-old criminal case against Indian billionaire Gautam Adani and seven others, alleging bribery and fraud. The US Department of Justice cited six reasons for dismissal, including the assertion that no actionable misconduct was found in India and no financial loss occurred. The Adani Group continues to deny the allegations, calling them baseless.

Read the source (Times of India)

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